300 20th St, Brooklyn, NY 11215
Four-family property in Brooklyn, ideal for investment purposes.
- Added:
- Jun 9, 2022
- Days on Market:
- 1466
- Last Refresh:
- May 19 at 9:38 pm
Property Features for 300 20th St
General Information
- Standard status
- Active
- Size
- 6,468 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 2008
Listing agent Frank Ko License #NY 10301215711
Listing office E Realty International Corp.
Listing date Jun 9, 2022
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of E Realty International Corp.
HighLights
- Four families: ideal for investment with multiple rental incomes.
- Location: property is located in Brooklyn.
- Year built: relatively new construction (2008).
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $329.9k | $51.00 |
| − Vacancy | −$6.3k | −$0.97 |
| EGI | $323.6k | $50.03 |
| − OpEx | −$97.1k | −$15.01 |
| NOI | $226.5k | $35.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Brooklyn
- County
- Kings
- State
- New York
- Longitude
- -73.991115
- Latitude
- 40.660575
